International - Financial Times - Credit Squeeze

Government of Sanae Takaichi has repeated its opposition to higher interest rates

New Dutch central bank governor says digital tokens linked to US assets could become ‘systemically relevant’

Spanish fiscal position aided by political paralysis

Argument between two economic powers will complicate efforts for trade deal by year-end

Plus, COP30 struggles to finish in the heat, no-shows hinder South Africa’s G20 summit and retailers report earnings

Jamieson Greer warns bloc that trade remains a ‘flashpoint’ in advance of talks next week

Sovereign wealth fund has exited positions in nine American companies, including Visa and Pinterest

Market Questions is the FT’s guide to the week ahead

China and India among exporters to challenge carbon border tax

Market expectations of further easing in December have almost halved as split among Fed officials appears to widen

DeepSeek AI breakthrough spurs biggest overseas inflows in four years

Dramatic slump in imports this year hailed by champion of Italian ingredients as an ‘important victory’

Beef costs have risen sharply in many countries, adding to the pressure on living standards and bringing Donald Trump into conflict with ranchers

Bananas and coffee among commodities exempted from levies as US administration looks to cut cost of living

Trump’s trade representative Jamieson Greer says tariffs will be reduced to 15%, ending months-long dispute with Bern

A bungled leak of information from Westminster does not inspire confidence in UK leaders just weeks away from the Budget

Also in today’s newsletter, investors sceptical of Oracle’s AI plans and BlackRock revamps its quant hedge fund

Richemont chair was part of business delegation to Washington that helped break deadlock

Weak housing prices and slowing industrial output point to flagging economic momentum